Poverty in Nigeria is endemic and continues to deepen even amid economic growth. We found that, beyond income, Nigeria is faced with multidimensional poverty that involves healthcare, education, and living standards, with several indicators. Recently dubbed the poverty capital of the world, Nigeria faces an enormous challenge in combating multidimensional poverty. Our study, which was theoretically analyzed using social exclusion theory, adopts both qualitative and quantitative approaches to examine the extent of multidimensional poverty in Nigeria, with particular attention on Oto/Ijanikin, which is a semiurban suburb of Lagos State. Primary data were gathered from the study area, while secondary data were sourced on the prevalence of multidimensional poverty in Nigeria. Focusing on indicators such as healthcare, electricity, education, clean water, and housing, we conclude that multidimensional poverty is indeed widespread in Nigeria and, thus, we recommend social inclusion as the solution.